JDS Development Group
{{Infobox company
| name = JDS Development Group
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| type = Private
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| foundation =
| founder = Michael Stern
| location_city = New York City
| location_country = United States
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| industry = Real estate development
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| num_employees = 500
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| homepage = [http://jdsdevelopment.com/ JDS Homepage]
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}}
JDS Development is an American real-estate development group headquartered in Manhattan, New York, with an additional presence in Miami and South Florida. The firm was founded by Michael Stern, a native of Long Island.{{cite web|url=https://www.nytimes.com/2013/07/31/realestate/commercial/michael-stern.html?_r=0|title=Michael Stern|last=Marino|first=Vivian|date=30 July 2013|work=The New York Times|accessdate=26 February 2016}}
History
The JDS Development Group was founded in 2002 by Michael Stern. The company was incorporated as a privately held New York City-based acquisition firm and real estate development. It specializes in luxury housing, leisure and mixed-use developments, it has over 7 million square feet of real estate under construction.{{cite web | url = https://therealdeal.com/new-research/topics/company/jds-development-group/ | title = JDS Development Group | accessdate = 10 April 2020 | work = TRData}}
In 2018, Madison Realty Capital gave a construction loan of $137 million to the JDS Development Group for Monad Terrace Condominium located in Miami, Florida.{{cite web | url = https://via.tt.se/pressmeddelande/jds-development-group-secures-137-million-construction-financing-from-madison-realty-capital-for-distinctive-miami-beach-condominium-monad-terrace?publisherId=259180&releaseId=2498211 | title = JDS Development Group Secures $137 Million Construction Financing From Madison Realty Capital for Distinctive Miami Beach Condominium Monad Terrace | accessdate = 10 April 2020 | date = 25 April 2018 | work = GlobeNewswire}}
Developments
{{Expand section|date=February 2020}}
JDS has created buildings in South Florida, as well as Manhattan and Brooklyn in New York City. Notable developments include The Steinway Tower, The Brooklyn Tower, and the American Copper Buildings.{{cite web|url=http://jdsdevelopment.com/111-west-57th-street/|title=111 West 57th Street - JDS Development Group|work=JDS Development Group|accessdate=28 May 2015|archive-date=28 June 2016|archive-url=https://web.archive.org/web/20160628044352/http://jdsdevelopment.com/111-west-57th-street/|url-status=dead}}{{cite web|title=340 Flatbush Ave Ext. Revealed, Brooklyn's First Supertall Skyscraper|date=9 November 2015 |url=http://newyorkyimby.com/2015/11/340-flatbush-ave-ext-revealed-brooklyns-first-supertall-skyscraper.html|accessdate=12 November 2015}}{{cite web|url=http://www.6sqft.com/new-video-reveals-how-shops-626-first-avenue-will-dance-into-midtowns-east-river-skyline/|title=New Video Reveals How SHoP's 626 First Avenue Will Dance into Midtown's East River Skyline|last=Hylton|first=Ondel|date=13 July 2015|publisher=6sqft|accessdate=25 February 2016}}
References
{{Reflist}}
External links
- {{oweb|https://jdsdevelopment.com}}
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Category:Privately held companies of the United States
Category:Real estate companies of the United States
Category:Companies based in New York City